This was posted on Tuesday, August 8, 2017 by RODNEY HOemail@example.com on his AJC Radio & TV Talk blog
CNN, which is technically based in Atlanta but whose primary decision makers and on-air talent are now in New York, is a major profit center for the Turner portion of Time Warner. “It would be a strategically missed opportunity if we weren’t in that business,” Stankey said.
Stankey, who has been with A&T for 30 years, was recently tasked with overseeing Time Warner’s assets once AT&T’s $85.4 billion acquisition gets federal approval.
Deadline.com recently said CBS has been eyeing CNN for a long time. The publication also said TMZ might be on the block. (Stankey told HR that he wasn’t that familiar with that property.)
CNN has 1,500 employees in Atlanta, 3,500 in total. Although its prime-time ratings now lag behind both Fox News and MSNBC, the organization is in line to generate more than $1 billion in revenue this year.